Product Specialist I - Global Commercial Bank - Middle Market Loan Syndications

Bank of America • Chicago, IL

10d • Onsite

About The Position

The Regional Loan Syndications group originates and executes club syndicated bank loans for Commercial Banking clients and prospects. The team partners closely with the Commercial Bank, Wholesale Credit, Regional Leverage Finance and Emerging Growth and Regional Coverage to drive new Bank of America led syndicated loans and corresponding ancillary business. Typically acts as the secondary coverage for clients. Extensive product knowledge. Interacts with clients to execute complex product transactions that generate significant revenue. Works under direction of more senior associates.

Requirements

• Minimum of 2+ years of Commercial Credit Banking experience required
• Demonstrates initiative/self-motivation
• Possesses strong interpersonal skills
• Possesses strong analytical and modeling skills
• Possesses understanding of corporate financial statements
• Possesses understanding of financial covenants and basic structuring; familiar with credit agreements
• Demonstrates strong critical thinking
• Demonstrates the ability to independently make decisions
• Licensing required – Series 79 & 63 (will support the employee through registration process if needed)

Nice To Haves

• Analytical Thinking
• Customer and Client Focus
• Financial Forecasting and Modeling
• Financial Management
• Risk Management
• Causation Analysis
• Client Management
• Market Analysis
• Presentation Skills
• Relationship Building
• Data Management
• Project Management
• Result Orientation

Responsibilities

• Perform financial and statistical analysis
• Conduct research and prepare support documentation and client presentation material
• Development/Maintenance of Regional Loan Syndication comparative transactions
• Assist with quarterly/periodic data reporting and analysis
• Preparation of quarterly business updates
• Assist with logistical and operational tasks associated with lender meetings and loan closings
• Works under the direction of more senior associates

Benefits

• Access to paid time off
• Resources and support to our employees
• Discretionary incentive eligible
• Annual discretionary award based on individual performance, line of business performance, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level